TABLE GAMES

IPI launched its gaming operations on July 26, 2015 with the opening of its Live Training Facility, known as Best Sunshine Live. At the time of its opening, IPI only had 14 active table games, which included both mass and VIP table games.

In November of 2015 and with the approval of the CCC, IPI rolled out its non-negotiable chip rolling program for VIP Baccarat table games. This program allowed enrolled VIP patrons a rebate percentage of their rolling chip volume. Over the years and with the transfer of operations to IPI’s Initial Gaming Facility known as Imperial Pacific Resort on July 6, 2017, the number of active table games increased to the point that by the end of the FY 2018, IPI had 74 table games, which comprised of 44 mass table games and 30 VIP table games. From the end of the FY 2015 to the end of the FY 2017, the number of VIP table games increased two-fold from 14 to 42.

The table above illustrates changes throughout the fiscal years that include the number of table games offerings at the end of each of the fiscal year and the corresponding GGR and GGR taxes for the entire fiscal year periods. On a year over year basis, IPI has decreased its table games offering by 3% from FY 2017 to FY 2018. This is subsequent to prior increases of 58% and 60% from FY 2016 to 2017 and FY 2015 to FY 2016, respectively. The type of table games being offered grew from simply offering only Baccarat tables at the opening of Imperial Pacific Resort on July 6, 2017 to offering a wide variety of other table games, which includes Texas Hold’em Poker, Blackjack, Sic Bo, Saipan Stud, Casino War, Three Card Poker, Roulette, and Pai Gow Poker.